i like ripple, and good news (please keep in mind that news is from december 3, 2013). but let's prevent people from losing any btc and/or fiat because xrp is going down right now. they will only hate ripple if they lose money.

No interest "in using bitcoin directly – either its currency or network"

"Dutch banks won't actually be using bitcoin themselves in any way"

and they regard Bitcoin as a "high integrity risk".

"It is absolutely out of the question that these banks will transfer money over the actual bitcoin blockchain out of reach from the Dutch central bank."

However, and most interestingly, they are "interested in experimenting with the Ripple payments network".

Very interesting times ahead.

Banks will always try to rip you off. I don't believe anything they say.Months ago Rabobank had an ethical comission stop fiat transfers to bitcoin exchanges, weeks ago they announced they were experimenting with bitcoin, the opposite.They lie, and they continue lying in the future.

But hey, they might be right about not doing business with bitcoin, because they also don't really do/did business with physical gold.They hate stuff they can't manipulate.

i like ripple, and good news (please keep in mind that news is from december 3, 2013). but let's prevent people from losing any btc and/or fiat because xrp is going down right now. they will only hate ripple if they lose money.

stay away from xrp for now.

XRP is very high risk. Everyone knows this.

But why did you choose XRP/USD?

XRP, being a crypto currency, is very strongly tied to BTC.

I suggest you look at the XRP/BTC price graph (properly zeroed). There you will see demonstrable price resilience.

Interestingly, in my view, is the market cap resiliance of XRP.

Most interesting of all is the market cap ratio XRP:BTC. It's about 1:5 or 1:6 now.

i like ripple, and good news (please keep in mind that news is from december 3, 2013). but let's prevent people from losing any btc and/or fiat because xrp is going down right now. they will only hate ripple if they lose money.

stay away from xrp for now.

XRP is very high risk. Everyone knows this.

But why did you choose XRP price in USD?

XRP, being a crypto currency, is very strongly tied to BTC.

I suggest you look at the XRP in BTC price graph (properly zeroed)

Interestingly, in my view is the market cap of XRP.

Most likely interestingly of all is the market cap ratio XRP:BTC. It's about 1:5 or 1:6 now.

ABN and others are watching very closely. So should you.

because the only reason xrp is holding it's value against btc is because btc is going down by a lot itself.

and of course we should be watching, but i wouldn't recommend that people buy right now.

i like ripple, and good news (please keep in mind that news is from december 3, 2013). but let's prevent people from losing any btc and/or fiat because xrp is going down right now. they will only hate ripple if they lose money.

stay away from xrp for now.

XRP is very high risk. Everyone knows this.

But why did you choose XRP price in USD?

XRP, being a crypto currency, is very strongly tied to BTC.

I suggest you look at the XRP in BTC price graph (properly zeroed)

Interestingly, in my view is the market cap of XRP.

Most likely interestingly of all is the market cap ratio XRP:BTC. It's about 1:5 or 1:6 now.

ABN and others are watching very closely. So should you.

because the only reason xrp is holding it's value against btc is because btc is going down by a lot itself.

i like ripple, and good news (please keep in mind that news is from december 3, 2013). but let's prevent people from losing any btc and/or fiat because xrp is going down right now. they will only hate ripple if they lose money.

stay away from xrp for now.

XRP is very high risk. Everyone knows this.

But why did you choose XRP price in USD?

XRP, being a crypto currency, is very strongly tied to BTC.

I suggest you look at the XRP in BTC price graph (properly zeroed)

Interestingly, in my view is the market cap of XRP.

Most likely interestingly of all is the market cap ratio XRP:BTC. It's about 1:5 or 1:6 now.

ABN and others are watching very closely. So should you.

because the only reason xrp is holding it's value against btc is because btc is going down by a lot itself.

and of course we should be watching, but i wouldn't recommend that people buy right now.

i like ripple, and good news (please keep in mind that news is from december 3, 2013). but let's prevent people from losing any btc and/or fiat because xrp is going down right now. they will only hate ripple if they lose money.

stay away from xrp for now.

XRP is very high risk. Everyone knows this.

But why did you choose XRP price in USD?

XRP, being a crypto currency, is very strongly tied to BTC.

I suggest you look at the XRP in BTC price graph (properly zeroed)

Interestingly, in my view is the market cap of XRP.

Most likely interestingly of all is the market cap ratio XRP:BTC. It's about 1:5 or 1:6 now.

ABN and others are watching very closely. So should you.

because the only reason xrp is holding it's value against btc is because btc is going down by a lot itself.

Analyse what's going on.

All I'm saying is that XRP is showing signs of resilience.

Make of that what you will.

ok. but i still wouldn't recommend that people buy right now. just be in the sidelines for now to be safe.

No interest "in using bitcoin directly – either its currency or network"

"Dutch banks won't actually be using bitcoin themselves in any way"

and they regard Bitcoin as a "high integrity risk".

"It is absolutely out of the question that these banks will transfer money over the actual bitcoin blockchain out of reach from the Dutch central bank."

However, and most interestingly, they are "interested in experimenting with the Ripple payments network".

Very interesting times ahead.

They won't be using bitcoin for sure. All bank looks towards bitcoin as the biggest threat because they can't control it and thus means their business is at risk. Imagine more and more people using cryptos and they will have less fees to collect.

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.

Tokeweek is right. Although you are going to hear more and more about Ripple in the coming months as it makes it into mainstream at institutionnal level, it doesn't necessarily mean that the price of XRP is going to go up short term since a large part of the money supply is still held in reserve and could be used to suppress the price. Ripple is something worth keeping a tab on though, and definitely something worth using for currency exchange and transfers.

Ripple isn't mined at all, it's entirely been allocated at inception and distributed by giveaway / subsidy / founder share / work-for-equity / cash-for-equity. It works exactly the same way as classic tech companies after they have gone pubilc: their equity has already been allocated but you can trade their shares on exchanges and become a shareholder. Ripple is more of a DAC than a currency. Total supply is 100B XRP.

Ripple isn't mined at all, it's entirely been allocated at inception and distributed by giveaway / subsidy / founder share / work-for-equity / cash-for-equity. It works exactly the same way as classic tech companies after they have gone pubilc: their equity has already been allocated but you can trade their shares on exchanges and become a shareholder. Ripple is more of a DAC than a currency. Total supply is 100B XRP.

Ripple isn't mined at all, it's entirely been allocated at inception and distributed by giveaway / subsidy / founder share / work-for-equity / cash-for-equity. It works exactly the same way as classic tech companies after they have gone pubilc: their equity has already been allocated but you can trade their shares on exchanges and become a shareholder. Ripple is more of a DAC than a currency. Total supply is 100B XRP.

You should know what he meant.

How much did the creators take for themselves? The answer is: a lot.

20%. Sounds like a lot, but I think it's a pretty standard founder share for tech companies. Facebook, Google, Paypal and the like have much larger founder shares.